Match Each Term with a Statement Below

question 52

Essay

Match each term with a statement below.

-Discuss why the reusability of a class makes it useful.

Comprehend the process and benefits of 360-degree feedback.

Understand the significance of setting appropriate performance standards.

Recognize the importance of fair and accurate performance evaluation for human resource management functions.

Understand the theoretical approaches to align organizational and individual goals.

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Definitions:

Incentives

Financial or non-financial rewards designed to encourage specific behaviors or actions from individuals or entities.

Opportunities

Opportunities refer to favorable situations or conditions that could lead to the achievement of goals or the advancement in a certain area, often requiring timely and strategic action to capture.

Equity

Fairness or justice in the way people are treated within the economy, often in terms of the distribution of wealth.

Efficient Share

The optimal allocation or distribution of resources and goods in a way that maximizes productivity and utility without waste.